City profile

Ho Chi Minh City is the largest city in Vietnam with an urban population of just under 13 million. The city shows most growth potential in mechanical, automation, electronics chemical products and food processing. It is considered a rising economic hub in ASEAN.

The city has done well to improve its Liveability and Loveability, maintaining a low cost of living while significantly improving safety and air quality to ensure urban comfort for its residents.

Areas that still require significant attention are congestion and traffic safety.

While the city performs lower today in Investor Attractiveness and Assets and Infrastructure, it is expected that new industrial parks, investment incentive policies and a growing skilled workforce will propel the city forward. With a substantial infrastructure project pipeline of 19 projects, and more expected, the city should expect significant growth in investment - where the right policies and regulations are in place.

Insight

Vietnam is one of the fastest-growing economies in Southeast Asia. Our report, commissioned by the UK’s Foreign, Commonwealth and Development Office (FCDO), details the state of play, bottlenecks and opportunities for infrastructure development in Vietnam, focusing on five sectors: transport, energy, water and waste, social and digital. We identify the main supply and quality gaps for infrastructure, as well as the most promising opportunity areas, with energy emerging as a flourishing space.
See insight in full
Next black arrow